What is technology scouting?
Technology scouting is the activity performed by innovation and research & development professionals to find technologies externally. It is an essential part of the recently popularised Open Innovation strategy, where R&D-professionals look externally for technical opportunities.
How does technology scouting work?
Depending on the importance of a R&D-challenge, innovation teams spend hundreds, or even thousands of hours on the following channels to find the right technologies:
In the old days, R&D driven companies developed technologies internally. From fundamental research to implementation, everything was in-house. Talking to colleagues and testing yourself was the only option.
Sitting together in a meeting, or talking over a topic at the coffee machine might result in identifying the golden idea already.
Science is an important source of new ideas and concepts to apply in industry. It is undoable for R&D-professionals to stay updated with the latest scientific developments while working on the development projects. An efficiënt approach is needed to find the technologies when you need them. Just in time, technology scouting.